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Lakeville CDP, CT

ZIP 06068 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 06068

Median Home Value
$821,100
Median Rent
$1,561
Affordability Snapshot
$226,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$5,275/mo PITI).

19%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

8.5x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

43.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 06068 in Lakeville CDP, CT, a household would need roughly $226,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $5,275. That is about 135% above the local median household income ($96,375), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 36% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
72.3%+11% vs US avg
x
Vacancy Rate
35.6%+246% vs US avg
x
Broadband Access
94.1%+8% vs US avg
x
4+ Bedrooms
13.2%-11% vs US avg
x
Built Pre-1939
1.7%-86% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
36.9%-26% vs US avg
x
Mortgage-Free
51.8%+35% vs US avg
x
$821,100
Home Value
$1,561
Rent
1972
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached85.7%
  • 1-unit attached10.2%
  • 2-9 units4.1%
  • 10+ units0.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$821,100
Median rent$1,561
Owner-occupied72.3%
Vacant35.6%
Price-to-income8.5x
Est. income to buy$226,000